Title :
Study on evolutionary stable strategy of ports
Author :
Zhou, Xin ; Ji, Jianhua
Author_Institution :
Coll. of Econ. & Manage., Shanghai Jiaotong Univ., Shanghai
Abstract :
The co-opetition relationship of ports is complex. In order to analyze the relationship among ports, we apply evolutionary game method to deduce long-term development trend of the relationship among ports based on Hotelling model. Research indicates under different constraint conditions, that the long-term equilibriums of ports system are competition or co-operation. However there is still a long-term co-opetition relationship among ports. With information guideline mechanism, the initial situation influences equilibrium point the ports converge at. And the path chosen and developed state are closely related to ports´ service levels, ports´ locations, land freight rate etc.
Keywords :
evolutionary computation; game theory; transportation; Hotelling model; co-opetition port relationship; evolutionary game method; evolutionary stable strategy; long-term development; Hotelling; evolution; evolutionary stable strategy; port; service level;
Conference_Titel :
Service Operations and Logistics, and Informatics, 2008. IEEE/SOLI 2008. IEEE International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-2012-4
Electronic_ISBN :
978-1-4244-2013-1
DOI :
10.1109/SOLI.2008.4682909